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Income Tax - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Depreciation on Electric Installation used in factory premises ...

Income Tax

November 24, 2015

Depreciation on Electric Installation used in factory premises to operate various Machinery & Equipments in manufacturing of POY and polyester chips - electrical fittings in the instant case should be considered as plant and machinery and hence the depreciation should be allowed at the rate of 25% to plant and machinery - AT

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